The Senate Budget and Appropriations Committee unanimously moved a bill June 12 that would rewrite the state’s corporate business tax (CBT) code through several sweeping changes. Prior to the vote, ...
Gov. Phil Murphy signed legislation into law July 3 that reforms New Jersey’s corporate tax policies, including changing the way global intangible low-taxed income (GILTI) and net operating losses ...
Past changes to the corporate tax structure have correlated with especially significant shifts in corporate donations. Prior to passage of the 1986 overhaul of the tax code, corporate giving averaged ...
Lawmakers have fast-tracked a plan to overhaul New Jersey’s corporate business tax code. Legislation cleared committee in the state Senate on Monday and is expected to be heard in committee in the ...
In fact, according to another, March 2025 study done by research firm Savanta, as noted by CPA Practice Advisor, 70% prefer a simpler tax code instead of the current overcomplicated and stressful tax ...
The product of years of Republican effort, the American tax code now blends traditional supply-side economics with President Trump’s populist 2024 campaign promises. By Andrew Duehren Reporting from ...
People across the country already struggle to exercise economic and political control over their own lives, and there may be imminent changes in economic and tax policy that could make things worse.1 ...
Louisiana’s Revenue Estimating Conference reported a $217 million excess in tax revenue, despite the state lowering income taxes and corporate tax rates.
Corporate tax cuts should boost earnings, and earnings growth drives stock prices. Historically, though, corporate tax cuts haven't always led to booming stock markets. The S&P 500 has even risen ...
As lawmakers in Congress debate whether to renew the personal income tax cuts established by the Tax Cuts and Jobs Act, a familiar criticism has resurfaced: that President Trump’s signature ...